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A junior financial analyst tells you the following information on projects A and B . The NPV of project A is $ 5 , 0

A junior financial analyst tells you the following information on projects A and B. The NPV of project A is $5,000,000 and the NPV of project B is $3,000,000. The IRR of project A is 16% and the IRR of project B is 22%. The required rate of return on both projects is 10%. Assuming projects A and B are mutually exclusive, which of the following is the best answer?

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